American Lending Center Named a 2021 Best Place to Work in Los Angeles

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American Lending Center Named a 2021 Best Place to Work in Los Angeles

LONG BEACH, California – (BUSINESS WIRE) – For the second yr in a row, the American Lending Heart (ALC), a number one non-bank credit score establishment, was acknowledged as probably the greatest locations to work in Los Angeles by the Los Angeles Enterprise Journal and the Finest Corporations Group. The award acknowledges the achievements of ALC, which profit the financial system, the workforce and the businesses of the LA district.

Of their fifteenth yr honoring Los Angeles employers with this award, the Los Angeles Enterprise Journal (LABJ) and Finest Corporations Group rated eligible corporations from greater than 250,000 LA space corporations in a two-part survey. An evaluation of the nominee’s office insurance policies, practices, philosophy, techniques, and demographics accounted for about 25% of the general score, whereas an worker survey detailing worker expertise accounted for the ultimate 75%.

After receiving the award in 2020, ALC’s recognition as one of many Finest Locations to Work in Los Angeles in 2021 is a testomony to the corporate’s dedication to supporting native companies, employees and communities. Over the previous yr particularly, ALC has assisted small companies struggling in the course of the COVID-19 pandemic by approving Paycheck Safety Program (PPP) loans to over 10,000 eligible small enterprise debtors throughout the nation, together with over 2,600 in California.

“We’re honored to obtain this prestigious award two years in a row,” stated John Shen, ALC’s chief government officer. “Our workers’ constant willpower and keenness for what they do has fueled our personal success in addition to the success of the small companies we serve. We’re very excited to proceed to contribute to the Los Angeles enterprise ecosystem. ”

For extra info on the Finest Locations to Work in Los Angeles program, please go to www.BestPlacestoWorkLA.com

Through American Lending Heart

The American Lending Heart (ALC) is a licensed non-bank lender that has supplied over $ 350 million to American companies and created over 12,000 full-time positions in the USA. ALC is among the few non-bank companies to be authorized as a Treasury Division and SBA authorized PPP lender. As of the top of the primary quarter of 2021, ALC had secured roughly 28,000 jobs via PPP loans and managed a extremely dynamic SBA mortgage portfolio totaling over $ 480 million. ALC is dedicated to serving to small to medium-sized companies in rural and underserved areas.